Ref: >"Young, A lot of people are aniticipating great earnings reports in
the middle of July. In your opinion do we have any reason to believe
that these reports will exceed the analysts estimates? IMHO a great
report from IOMG will do nothing for the stock price unless it exceeds
expectations. What do you think?">
Tom,
I have no doubt that IOMG 's next earning reports will far exceed analyst's
expectations. Otherwise, God forbid, I may have to think about selling
my fractional ownership of this company, then buy it back when it gets
down to the teens after reports come out. If one bothers to look, there are
positive signs everywhere which indicate this quarter will be a great one.
If it wasn't for capacity limitations, the reports would be out of this world.
But this just mean more room for improvements and surprises down the road.
>"Also, what do you think of this daily erosion of IOMG stock price?">
Just taking a good, well-deserved breather after the huge runup.
A great buy opportunity for informed investors.
Look like investors need a convincing 2Q reports before buying again.
Quaterly reports have a way to separate the golden geese from the chickens
for investors, who are quite confused at this point. When the dust settle,
the chickens will be mercilessly killed and the golden geese will be
taken care of. IOMG will certainly be one of the golden geese. As I
predicted, Seagate, Western Digital, and Quantum turned out to be
a bunch of plucked chickens - and IOMG plucked them all. (Yes,
but these chickens are cheap, as Joe Rizzo would say.)
Young |
